ZERO's Current Scheme Is Nearly Identical To The Program That Led To An SEC Halt And Fraud Charges In 2001

The purpose of this opening rant is to communicate to our readers that when we publish a report on a company, we have generally spent hours upon hours poring through the regulatory filings as well as conducting background checks on nearly everyone involved with the enterprise. We view our track record as merely a testament to the fact that the information we uncover is so material to the investment making process that it causes an imminent revaluation of the share price.

History Repeating

Today's report may provide some of our readers with a surreal case of Déjà vu in what is yet another unique OTCBB experience. We have uncovered a company trading at a $242 million valuation that not only has zero revenues, just $59,892 in cash, and $3.6 million in negative shareholder equity (liabilities that exceed assets) but wassued in 2001 by the SECfor engaging in exactly the same type of promotion that we believe has led naïve investors to purchase the shares en masse contributing to a 300% gain in the share price in less than 10 days. Investors and their short memories have apparently forgotten how to use the handySEC websiteas anybody could find the well documented case of management hyping shares with dreams of a new technology that would revolutionize a multi-billion dollar industry. We believe the case to be so identical that we have decided to write the report in a format that places the SEC case on the left and the current promotion on the right highlighting the similarities in the most efficient manner. This is the story of Save The World Technologies, Inc. (ZERO.OB)